Arla Introduces Meal-Replacement Beverages in Denmark
Danish dairy leader Arla Foods has officially introduced a new line of meal-replacement, milk-based drinks in its home market of Denmark. The launch of the...
Category : Finance
Pladis Launches New Regional Hub in Saudi Arabia
UK-based snacking giant Pladis has inaugurated a new regional headquarters in Jeddah, Saudi Arabia. As the manufacturer of the McVitie’s biscuit brand and a subsidiary...
Nebraska Moves Closer to a Ban on Cultivated Meat
Nebraska may soon join the ranks of U.S. states prohibiting cultivated meat, following Governor Jim Pillen’s executive order aimed at regulating its sale. Pillen has...
Fonterra to Construct New Cream Facility, Generating 70 Jobs
New Zealand’s Fonterra is poised to invest NZ$150 million (approximately $92.8 million) in establishing a new ultra-heat-treated (UHT) cream plant at its Edendale site, located...
German Company Wernsing to Close Deli Products Factory
Wernsing Food Group, a manufacturer based in Germany, is set to close its unprofitable production facility by the end of this year. The decision comes...
Tyson Foods Sells Interest in Joint Venture in India
US meat industry leader, Tyson Foods, has divested its minority interest in its Indian joint venture with the local conglomerate, Godrej Agrovet. According to a...
Tyson Foods Appoints Calaway as New CFO
Tyson Foods has officially appointed a permanent replacement for its suspended CFO, John R. Tyson, who has faced legal troubles over the last two years....
Bega Group Predicted to See Significant Increase in Underlying Profits
Bega Group has projected that its normalized EBITDA will increase by over 20% during the upcoming financial year for the Australian company. The owner of...
New School Foods Gains Fresh Funding and Launches Production Facility
New School Foods has successfully raised $6 million in funding to support the launch of its innovative plant-based salmon alternative products in both the US...
Boparan Divests European Poultry Assets to Private Company
Ranjit Singh Boparan has successfully executed the sale of poultry assets in Europe from his family-owned 2 Sisters Food Group to his private investment vehicle,...